RE: RE: RE: While we are waiting.....I hope your right but one must consider that in order to be so then Jim Sinclair, James Turk and many, many others are wrong.
I wish you the best and honestly I hope I'm wrong as I wish the best for everyone.
https://www.goldprice.org/james-turk/
Is the Gold ETF (GLD) Right For You?
by James Turk
Copyright © 2009 by James Turk. All rights reserved.
The exchange-traded fund for gold (NYSE:GLD) has been described as a convenient way to buy and sell gold bullion. Consequently, GLD has been heralded as a major breakthrough for gold buyers, but is it?
I have been and remain critical of GLD, and have written several reports since its launch five years ago. I consider GLD to be risky because its prospectus says that gold reportedly owned by the fund but stored in subcustodians and sub-subcustodians is not audited and cannot even be inspected to ensure that it really exists. Nor is it insured. Further, the prospectus allows for the possibility that all of the gold supposedly owned by GLD is subject to the considerable numerous risks spelled out on pages 6 through 13 of GLD’s prospectus, including the significant risk that “Shareholders do not have the regulatory protections provided to investors in investment companies.”